IkeGPS placement completes but no deals ‘imminent’
Underwrite was important to guarantee cash for acquisitions, company says.
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IkeGPS chair Rick Christie says the cost of an underwrite was worth it for the $19.2 million raised in a placement to institutional investors this week.
The NZX-listed, US-based company, whose technology helps utilities such as lines companies manage their pole infrastructure, aims to raise a
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